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388060
registered interest false more like this
date remove filter
answering body
Foreign and Commonwealth Office more like this
answering dept id 16 more like this
answering dept short name Foreign and Commonwealth Office more like this
answering dept sort name Foreign and Commonwealth Office more like this
hansard heading Middle East and North Africa: Foreign Investment more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government what discussions, if any, they are having with the governments of Lebanon, Jordan and Tunisia about increasing the flow of inward investment to those countries, and in particular about the possible positive influence of investment guarantees and assurances about the repatriation of profits. more like this
tabling member printed
Lord Hylton more like this
uin HL1186 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2015-07-15more like thismore than 2015-07-15
answer text <p>We have regular discussions with all three countries over the importance of increasing inward investment into their economies, and strengthening the business environment. In Lebanon, the UK funded ‘Tech Hub’ is helping to attract greater investment in the knowledge and technology sector. In Jordan, we are working with the government, the World Bank and the International Monetary Fund on a range of projects to help improve the business environment. The Parliamentary Under-Secretary of State for Foreign and Commonwealth Affairs, my hon. Friend the Member for Bournemouth East (Mr Ellwood), raised the importance of creating the right conditions for foreign investment in Tunisia during his visit in May. The Tunisian government is currently drafting a new investment code, and the Investment Promotion and Protection Agreement signed between our two countries in 1989 remains in force.</p><p>Lebanon, Tunisia, and Jordan all provide assurances about repatriation of profits.</p><p> </p> more like this
answering member printed Baroness Anelay of St Johns more like this
question first answered
less than 2015-07-15T15:26:23.197Zmore like thismore than 2015-07-15T15:26:23.197Z
answering member
3474
label Biography information for Baroness Anelay of St Johns more like this
tabling member
2018
label Biography information for Lord Hylton more like this